By Rhoda Miel, Plastics News Staff
Fenton, Michigan -- Creative Foam Corp. plans to invest $1.5 million and add 63 jobs in its hometown of Fenton to expand into the wind energy business.
The state of Michigan has provided $362 386 in tax credits to the firm to help finance the expansion, according to a news release from the city of Fenton.
"The automotive and medical industries continue to be a very important part of our business," the company said. "However … the tax credits awarded means that we can expand into new and exciting markets such as wind energy," said CEO and President Wayne Blessing.
Creative Foam makes parts from cellular and non-cellular foams, including polyurethane, and has manufacturing in Michigan, Indiana, Tennessee and Colorado.
The new work is aimed at making high-tolerance composite foam cores for wind-turbine blades